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| 1 |
ID:
187362
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| Summary/Abstract |
We examine the determinants of military spending of the six countries in the Gulf Region by using a partial adjustment model in a system setting estimated with the three-stage least squares (3SLS) method. Our model takes into consideration the institutional inertia as well as intercountry correlations, both observed and unobserved. In addition to economic variables, we also consider a series of strategic variables to shed light on various issues such as free riding and spill-in effects. Our findings based on annual data between 1980 and 2016 indicate that the military expenditures are influenced by both economic and strategic factors with a high degree of heterogeneity across different countries. Our results also show that the GCC member countries do not free ride on each others’ military expenditures. In addition, the US military presence is an important determinant of defense spending in the region.
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| 2 |
ID:
149847
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| Summary/Abstract |
Applying recent advances in panel data analysis, we investigate the relationship between electricity consumption and economic growth in the GCC countries using annual data from 1975 to 2012. Within a framework which takes into consideration dynamics, heterogeneity and cross-sectional dependence in the panel, we show that the results obtained from using the PMGE, demeaned PMG, AMG, MGE and DFE models indicate a long-run equilibrium relationship between electricity consumption and economic growth. In order to determine the appropriate model and decide the preferred estimator, the Hausman test was performed. The PMGE model emerged as the most efficient of the three estimators. Also, the results obtained revealed a bi-directional causality between economic growth and electricity consumption in these countries, which supports the feedback hypothesis. As a result, this implies that if these countries adopt or implement any energy or electricity conservation policies, this may have a negative impact on its economic growth.
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| 3 |
ID:
135655
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| Publication |
New Delhi, Pentagon Press, 2013.
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| Description |
xlvii, 274p.Hbk
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| Standard Number |
9788182747357
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Copies: C:1/I:0,R:0,Q:0
Circulation
| Accession# | Call# | Current Location | Status | Policy | Location |
| 058062 | 327.54053/DEV 058062 | Main | On Shelf | General | |
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| 4 |
ID:
129876
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| Publication |
DelhI, Wisdom Publications, 2014.
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| Description |
iii, 426p.Hbk
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| Standard Number |
9789381505694
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Copies: C:1/I:0,R:0,Q:0
Circulation
| Accession# | Call# | Current Location | Status | Policy | Location |
| 057724 | 327.54053/PAS 057724 | Main | On Shelf | General | |
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| 5 |
ID:
103335
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2011.
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| Summary/Abstract |
Based on the rich natural potential of the Gulf region, solar energy is expected to play a greater role in the future of the Gulf Corporation Council (GCC) countries. This study examines whether the integration of the photovoltaic (PV) into individual residential buildings in the GCC countries is worth the investment. A prototype residential building is developed and a building integrated photovoltaic (BiPV) system is then designed. The system performance is simulated, and through economic analysis, it is shown that the current BiPV technology is not a cost-effective option for the GCC countries based on the present electricity tariff, PV system cost and system efficiency. The only way such a system would be viable with current technology is if the electricity tariff were to increase substantially. However, if the tariff remains constant for the foreseeable future, BiPV solar energy technology will only be feasible if the total system cost drops drastically. This study shows that BiPV systems offer cost reductions in both energy and economic terms over centralised PV plants, especially if the costs of avoided building construction materials are taken into account. To bring about the benefits of BiPV technology for the GCC residential sector, therefore, the first logical and most practical step is the implementation of a continuous promotion strategy that consists of both subsidies for investments and reasonable tariffs.
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| 6 |
ID:
188939
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| Summary/Abstract |
This paper makes use of interdependence theory to analyse the historical development of the economic relations between the GCC countries and the United States. The focus will be on oil and arms trade between the GCC countries and the United States. The results show that while the military and security dependence of the GCC countries on the United States remains relatively intact, the dependence of the United States on the natural resources of the GCC region has decreased. In light of this, the paper suggests that the historical interdependence between the GCC countries and the United States has recently evolved into a unilateral dependence and that the GCC countries’ natural resources are directed towards Asian countries.
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| 7 |
ID:
110563
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